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Insurance Insider editor in chief Catrin Shi helps unpack Lloyd’s preliminary 2023 results, and offers her perspective on Aviva’s acquisition of Probitas. -
The initiative will focus on fostering innovation through the Lloyd’s Lab.
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For the 2022 year of account, the updated forecast remains unchanged.
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Small scale cyber attacks are set to increase in the near term.
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The Corporation is walking a tightrope between encouraging further growth whilst maintaining discipline.
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There has been a 21% increase on a gross basis and a 62% increase on a one-in-200 final net basis for non-peak perils
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The Lloyd’s chief of markets argued that unmet demand and latent risk will keep rates increasing.
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The pension fund was one of the first investors to use London Bridge.
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CFO said rate discipline needed to remain to offset prior-year losses.
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Syndicate 6104 closed its 2021 year of account with a profit of 4.1%.
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DDM is due to be removed as a core central service on 13 September.
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As a drip-drip of exits have continued amid a harder cat market, broader questions arise.
